Ukraine can be the “Texas of Europe,” Ukraine can be the “Texas of Europe,” US Energy Secretary Rick Perry told representatives of American businesses in Kyiv on Monday. “The [oil and gas] formations that are here — the potential for the ...
In one decade, innovative technology and industry friendly laws took US from defeatist ‘peak oil’ talk to the world’s largest oil and gas producing nation In one decade, innovative technology and industry friendly laws took US from defeatist ‘peak oil’ talk to the world’s largest oil and gas producing nation, Perry said. For Ukraine, the keys are: produ...
China Railway International Group has completed its feasibility study for Kyiv’s fourth subway line China Railway International Group has completed its feasibility study for Kyiv’s fourth subway line, says Dmytro Davton, deputy head of Kyiv city administration. In Beijing last week, officials of the...
The EBRD has signed a $150 million long term loan agreement with Ukrzaliznytsya to allow the state railroad to buy up to 6,500 gondola freight cars The EBRD has signed a $150 million long term loan agreement with Ukrzaliznytsya to allow the state railroad to buy up to 6,500 gondola freight cars for moving bulk cargo, typically grain. An internati...
Cheap corn from Ukraine’s bumper crop is taking sales from American corn Cheap corn from Ukraine’s bumper crop is taking sales from American corn, warns Farm News, a news site based in Fort Dodge, Iowa. The Ukraine Grain Association recently raised its harvest estimate to ...
Ukraine, the world’s largest sunflower oil and meal exporter, increased its sunflower seed crop this year by 9.5%, to 15 million tons Ukraine, the world’s largest sunflower oil and meal exporter, increased its sunflower seed crop this year by 9.5%, to 15 million tons, according to a new forecast by the USDA. From this crop, oil expo...
US Energy Secretary Rick Perry meets in Kyiv today with US business representatives at the Intercontinental Hotel US Energy Secretary Rick Perry meets in Kyiv today with US business representatives at the Intercontinental Hotel, with Rada members next door, at the Diplomatic Academy, and with Prime Minister Groys...
Russia’s state-controlled TV – often used to prepare public opinion for future Kremlin actions – is talking of plans to cut gasoline and diesel supplies to Ukraine “right before the presidential election,” Russia’s state-controlled TV – often used to prepare public opinion for future Kremlin actions – is talking of plans to cut gasoline and diesel supplies to Ukraine “right before the presidential elect...
Earlier this month, Russia stopped supplying coal to DTEK’s thermal power plant in government-controlled Luhansk Earlier this month, Russia stopped supplying coal to DTEK’s thermal power plant in government-controlled Luhansk. Last week, Yuri Nedashkovsky, President of Energoatom, told Interfax-Ukraine that he i...
On Saturday, US Energy Secretary Perry visited a stockpile of Pennsylvania coal at Kyiv region’s On Saturday, US Energy Secretary Perry visited a stockpile of Pennsylvania coal at Kyiv region’s Trypilska Power Plant and said: “It’s very important for the European membership countries to understan...
More than 200 km of the Nord Stream 2 – or almost 20% of the 1,200 km pipeline — has been laid in German and Finnish waters of the Baltic More than 200 km of the Nord Stream 2 – or almost 20% of the 1,200 km pipeline — has been laid in German and Finnish waters of the Baltic, Paul Corcoran, CFO of the Nord Stream 2 operating compa...
Asked about future flows of Russian gas through Ukraine, Asked about future flows of Russian gas through Ukraine, he predicted: “There will be some continuing transit through Ukraine, the question of how much that is varies.” He pointed to estim...
With Gazprom’s transit contract with Naftogaz due to expire at the end of next year, With Gazprom’s transit contract with Naftogaz due to expire at the end of next year, the Russian state gas company shows “no appetite” in taking part in talks brokered by the European Comm...
If signed into law by President Poroshenko, a bill cutting excise taxes on used cars imports will result in a doubling or tripling of used car imports from the EU, and a 20-40% cut in the new car sales If signed into law by President Poroshenko, a bill cutting excise taxes on used cars imports will result in a doubling or tripling of used car imports from the EU, and a 20-40% cut in the new car sale...
Contactless payments with smartphones increased nine fold during the first three quarters of this year Contactless payments with smartphones increased nine fold during the first three quarters of this year, compared to the same period last year, according to the Ukrainian Processing Center, a company t...
The EU is committing EUR 50 million in aid to government-controlled Donbas, targeting entrepreneurs and universities The EU is committing EUR 50 million in aid to government-controlled Donbas, targeting entrepreneurs and universities that have relocated from the Russia-controlled area. The agreement was signed Frida...
To speed Chinese goods to the EU, China plans to invest in three truck-train cargo hubs in Western Ukraine To speed Chinese goods to the EU, China plans to invest in three truck-train cargo hubs in Western Ukraine, Viktor Dovhan, deputy infrastructure minister, reports after two days of meetings in Beijing...
COFCO, or China National Cereals, Oils and Foodstuffs Corporation, plans to invest up to $30 million to upgrade shipping berths in Mykolaiv COFCO, or China National Cereals, Oils and Foodstuffs Corporation, plans to invest up to $30 million to upgrade shipping berths in Mykolaiv port and to improve grain logistics on the Dnipro and the So...
Ukraine proposes to China creating a bilateral free trade pact. Ukraine proposes to China creating a bilateral free trade pact. Stepan Kubiv, Economic Development and Trade Minister, proposed the pact yesterday in Beijing in a meeting with Liu He, a Deputy Prime M...
Kubiv made the proposal with the backing of President Poroshenko Kubiv made the proposal with the backing of President Poroshenko. In a letter he delivered to Liu, Poroshenko said China and Ukraine have “today created a strong foundation” in bilateral relations and...
In Shanghai, China signed a draft loan agreement for construction of a highway bridge over the Dnipro In Shanghai, China signed a draft loan agreement for construction of a highway bridge over the Dnipro, near Kremenchuk, Ukraine’s Infrastructure Ministry reports. Under discussion for two years, the o...
China will import more sunflower oil and meal from Ukraine China will import more sunflower oil and meal from Ukraine, under a deal signed Tuesday in Shanghai by Chinese state company CCEC and Ukraine’s State Food and Grain Corporation. Sunflower oil is used ...
Exports of organic grains – peas, wheat and corn – are expected to drop by one third this year Exports of organic grains – peas, wheat and corn – are expected to drop by one third this year, to 115,000 tons, APK-Inform forecasts. Several farms have lost their organic certifications.
Czech interest in investing in Ukraine is ‘huge,’ Czech interest in investing in Ukraine is ‘huge,’ Radel Matula, the Czech Republic’s ambassador to Ukraine, said yesterday at a press conference at Ukrinform. “This year, we have organized several bus...
After two days of car owner protests blocking After two days of car owner protests blocking streets outside parliament, the Rada approved a law that lowers excise taxes on imported cars and gives car owner 90 days to regularize their cars at disc...
Despite these concessions, Interfax-Ukraine reports that car owners “shouted obscene language towards the parliament building, as well as the word “ganba!” or shame!” Despite these concessions, Interfax-Ukraine reports that car owners “shouted obscene language towards the parliament building, as well as the word “ganba!” or shame!” Fueling anger is Ukra...
Construction of $35 million, 40 km rail line is the solution to Russia’s refusal to allow coal shipments from DTEK coal mines in Russia to DTEK’s power plant in Luhansk Construction of $35 million, 40 km rail line is the solution to Russia’s refusal to allow coal shipments from DTEK coal mines in Russia to DTEK’s power plant in Luhansk, Dmitry Saharuk, General Direct...
Yuri Nedashkovsky, President of Energoatom, tells Interfax-Ukraine that he does not see any risk that Russia will stop enriching uranium from Ukraine’s VostGOK mines in Dnipropetrovsk. Yuri Nedashkovsky, President of Energoatom, tells Interfax-Ukraine that he does not see any risk that Russia will stop enriching uranium from Ukraine’s VostGOK mines in Dnipropetrovsk. The company is ...
Russia’s sanctions are forcing UIA to suspend its flights from Kyiv to Astana until May Russia’s sanctions are forcing UIA to suspend its flights from Kyiv to Astana until May. Russia’s ban on overflights by Ukrainian carriers forces Ukraine International Airlines to make a two hour sout...
Last year, 2.5 million Ukrainians spent almost half a billion dollars on the services of Ukrainian tour operators. Last year, 2.5 million Ukrainians spent almost half a billion dollars on the services of Ukrainian tour operators. Of vouchers sold, 94% were for travel abroad, reports the Regional Development Minist...
With Ryanair and Wizz Air turning Kyiv and Lviv into weekend ‘city break’ destinations for EU residents With Ryanair and Wizz Air turning Kyiv and Lviv into weekend ‘city break’ destinations for EU residents, Ukraine’s Economic Development and Trade ministry is mounting Ukraine stands at three EU travel...
For comments and story tips, Brooke is reachable at: For comments and story tips, Brooke is reachable at: jbrooke@ubn.news
Ukraine proposes to China creating a bilateral free trade pact. Ukraine proposes to China creating a bilateral free trade pact. Stepan Kubiv, Economic Development and Trade Minister, proposed the pact yesterday in Beijing in a meeting with Liu He, a Deputy Prime M...
Kubiv made the proposal with the backing of President Poroshenko Kubiv made the proposal with the backing of President Poroshenko. In a letter he delivered to Liu, Poroshenko said China and Ukraine have “today created a strong foundation” in bilateral relations and...
In Shanghai, China signed a draft loan agreement for construction of a highway bridge over the Dnipro In Shanghai, China signed a draft loan agreement for construction of a highway bridge over the Dnipro, near Kremenchuk, Ukraine’s Infrastructure Ministry reports. Under discussion for two years, the o...
China will import more sunflower oil and meal from Ukraine China will import more sunflower oil and meal from Ukraine, under a deal signed Tuesday in Shanghai by Chinese state company CCEC and Ukraine’s State Food and Grain Corporation. Sunflower oil is used ...
Exports of organic grains – peas, wheat and corn – are expected to drop by one third this year Exports of organic grains – peas, wheat and corn – are expected to drop by one third this year, to 115,000 tons, APK-Inform forecasts. Several farms have lost their organic certifications.
Czech interest in investing in Ukraine is ‘huge,’ Czech interest in investing in Ukraine is ‘huge,’ Radel Matula, the Czech Republic’s ambassador to Ukraine, said yesterday at a press conference at Ukrinform. “This year, we have organized several bus...
After two days of car owner protests blocking After two days of car owner protests blocking streets outside parliament, the Rada approved a law that lowers excise taxes on imported cars and gives car owner 90 days to regularize their cars at disc...
Despite these concessions, Interfax-Ukraine reports that car owners “shouted obscene language towards the parliament building, as well as the word “ganba!” or shame!” Despite these concessions, Interfax-Ukraine reports that car owners “shouted obscene language towards the parliament building, as well as the word “ganba!” or shame!” Fueling anger is Ukra...
Construction of $35 million, 40 km rail line is the solution to Russia’s refusal to allow coal shipments from DTEK coal mines in Russia to DTEK’s power plant in Luhansk Construction of $35 million, 40 km rail line is the solution to Russia’s refusal to allow coal shipments from DTEK coal mines in Russia to DTEK’s power plant in Luhansk, Dmitry Saharuk, General Direct...
Yuri Nedashkovsky, President of Energoatom, tells Interfax-Ukraine that he does not see any risk that Russia will stop enriching uranium from Ukraine’s VostGOK mines in Dnipropetrovsk. Yuri Nedashkovsky, President of Energoatom, tells Interfax-Ukraine that he does not see any risk that Russia will stop enriching uranium from Ukraine’s VostGOK mines in Dnipropetrovsk. The company is ...
Russia’s sanctions are forcing UIA to suspend its flights from Kyiv to Astana until May Russia’s sanctions are forcing UIA to suspend its flights from Kyiv to Astana until May. Russia’s ban on overflights by Ukrainian carriers forces Ukraine International Airlines to make a two hour sout...
Last year, 2.5 million Ukrainians spent almost half a billion dollars on the services of Ukrainian tour operators. Last year, 2.5 million Ukrainians spent almost half a billion dollars on the services of Ukrainian tour operators. Of vouchers sold, 94% were for travel abroad, reports the Regional Development Minist...
With Ryanair and Wizz Air turning Kyiv and Lviv into weekend ‘city break’ destinations for EU residents With Ryanair and Wizz Air turning Kyiv and Lviv into weekend ‘city break’ destinations for EU residents, Ukraine’s Economic Development and Trade ministry is mounting Ukraine stands at three EU travel...
Visits to Ukraine from non-border countries were up: Visits to Ukraine from non-border countries were up: Spain – up 104.5% to 19,700; Britain up 62% to 57,200; Israel – up 26 % to 125,700; Lithuania – up 20% to 41,000; Turkey – up 16%...
Overall, the number of foreign tourists was down 1.7% yoy, to 6.22 million people Overall, the number of foreign tourists was down 1.7% yoy, to 6.22 million people, the Economic Development Ministry reports, citing State Border Service data. Generally, tourists who travel by plane ...
With Lviv tourism booming, the City Council has decided to build a new attraction With Lviv tourism booming, the City Council has decided to build a new attraction in the northern part of the city: an 800 meter gondola from Na Valakh park to Castle Hill park, UNIAN reports. Constru...
Louis Dreyfus Company, one of the world’s largest food traders, “plans to significantly increase its investment in Ukraine in the coming years,” Louis Dreyfus Company, one of the world’s largest food traders, “plans to significantly increase its investment in Ukraine in the coming years,” President Poroshenko’s press service reported after the...
Turkey and Ukraine are in 96% percent agreement on their free trade pact Turkey and Ukraine are in 96% percent agreement on their free trade pact, President Poroshenko tells Turkey’s Anadolu news agency. For Turkey, the sticking point is imports of Ukrainian farm products....
